WGX ( West Gold Resources ) Offshoot of MLX ( Market Cap $ 699.8 million ) Current s/p $ 1.750
CST ( Castille Resources ) Offshoot of WGX ( Market Cap $ 18.970 million ) Current s/p $ 0.095
MLX ( Metals X ) ( Market Cap $ 58.970 ) The company that demerged WGX and subsequently CST, and is a profitable, producing Tin miner is only valued on the market at Current s/p 0.065 .....
Someone please explain how and why CST, a non producing speccy can have a share price of 9.5 cents and MLX, a profitable producing Tin miner has a share price of 6.5 cents.
I'm a little confused with the above valuations.
Hotty4040...
MLX Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)